Germany Trade & Invest | November 14, 2022
Germany's Ministry of Economic Affairs and Climate Action (BMWK) has contracted software company QMWare and cloud specialist IONOS, together with the University of Stuttgart and the Fraunhofer FOKUS research institute, to construct a platform for quantum computing applications for German industry. The cloud will be the first of its kind in the country.
The project, called SeQenC, will run for three years and is part of the ministry's "Digital Technologies for Business" support program. The ministry will be investing tens of millions of euros, although no exact figure was named.
During the project's three-year span, selected partner companies from industry and the wider economy will be invited to test out applications in sectors such as telecommunications, logistics, finance, automotive and energy.
The project is the latest in a series of quantum computing initiating to come from the BMWK. In late September, the ministry announced that it would put EUR 14 million into a quantum processer prototype developed on the basis of photonic systems. The BMWK has pledged to invest EUR 740 million in quantum computing as a whole.
"The German government's investment indicate how serious it is about quantum computing in Germany, Such initiatives not only create superior conditions for businesses active in Germany. They also show that niches are arising for international quantum computing businesses to come to Europe's largest economy and profit from this exciting transformation."
-Asha-Maria Sharma, computing industry expert at the German government agency Germany Trade & Invest.
Germany Trade & Invest (GTAI) is the economic promotion agency of the Federal Republic of Germany. GTAI supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up shop in Germany.
Cyware | January 27, 2023
On January 26, 2023, a next-generation cybersecurity solutions provider Cyware, announced that its Cyber Security Centre (CFC) had achieved FedRAMP Ready designation from the Federal Risk and Authorization Management Program's PMO (FedRAMP PMO). The adoption of secure cloud services throughout the federal government by offering a standardized approach to security for cloud technologies deployed in federal agencies is promoted by FedRAMP, a US govt-based program.
The designation FedRAMP Ready signifies that a Third-Party Assessment Organization attests to Cyware's security capabilities and that a RAR (Readiness Assessment Report) has been deemed acceptable and reviewed by the FedRAMP PMO. As a result, the Cyware platform enables contractors and government agencies to benefit from the solution's advanced threat intelligence automation and created threat response capabilities which can improve the adoption of secure cloud technologies.
Cyware's CFC offers federal security teams a solution to improve security effectiveness, speed up proactive response, and improve collaboration within the whole security ecosystem of a federal agency. The main goal is to make the country safer from cyberattacks by making better use of tools, resources, and assets that already exist.
Chief Executive Officer of Cyware, Anuj Goel, said, "We are proud that Cyware has achieved this important FedRAMP milestone. This demonstrates our commitment to enhancing threat intelligence sharing and security operations for the public sector." He also said, "Now federal customers can leverage our platform to enable security collaboration, extend threat visibility, correlate threat intelligence, and ensure the highest levels of cloud security through intelligent orchestration and response."
(Source: Business Wire)
Founded in 2016, a product-based cyber security provider,Cyware offers full-stack innovative cyber fusion solutions for all-source, technical, tactical, and operational threat response automation and threat intelligence sharing. The company empowers enterprises to adapt to the evolving threat landscape is utilizing the advances in ML, AI, Security Automation and Orchestration Technologies. The Cyber Fusion solution from Cyware combines SOAR and TIP technology, which makes it easier for security teams that work in separate groups to work together. Many government agencies, businesses, and MSSPs use the company. It also offers platforms for sharing threat intelligence for the majority of ISAC organizations around the world.
Sayari | December 05, 2022
Sayari, a commercial risk intelligence company, has recently been selected by the United Kingdom Crown Commercial Service (CCS) as a supplier for the G-Cloud 13 Framework, an agreement between the government and suppliers who provide cloud-based services.
The partnership enables departments like the National Crime Agency (NCA), Ministry of Defence (MOD), HM Revenue & Customs, Serious Fraud Office, HM Treasury and other agencies to accelerate deployment of Sayari’s commercial risk intelligence platform. Teams of government analysts and investigators will have instant access to the hard-to-find connections analysts and investigators need to eliminate information gaps.
“Ensuring that law enforcement, regulators and regulated industry are able to effectively collaborate is our goal at Sayari. This recognition from CCS lays the groundwork for scaled adoption and mission impact, We are proud of the relationships we’ve built with UK government agencies and enterprise companies over the past seven years, and we’re committed to building out our local presence to drive the best outcomes for our partners.”
-Farley Mesko, co-founder and CEO Sayari.
In May, the company formally launched its European operations, based in London. Sayari’s partnership with the UK government is an important component in supporting the increasingly complex economic crime, trade compliance and third-party risk landscape emerging in the UK and European Union.
Sayari empowers government and industry to protect finance, trade and security systems by illuminating the global commercial networks through connected public data and documents. Providing commercial intelligence data from over 250 jurisdictions worldwide, Sayari delivers the entity network visualizations and intuitive risk identifications that decision makers need to stay proactively informed and power safer global commerce. Since its founding in 2015, Sayari has earned the trust of top financial institutions, Fortune 100 corporations and government agencies, securing a $40M Series C in 2021. Sayari is headquartered in Washington, D.C., and its solutions are used by more than 3,000 frontline analysts in 35 countries.